Wayne Bank
Honesdale, Pennsylvania, Wayne County
$2.9B in total assets, the 451st largest of 4,309 US banks and 22nd of 113 headquartered in Pennsylvania.
- FDIC certificate
- 698
- Established
- 1871
- Owned by
- Norwood Financial Corp
- Primary regulator
- FDIC
- Website
- Wayne.Bank
At a glance
Compared with 36 banks headquartered in Pennsylvania with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.9B | 64% | $2.2B | |
| Loans | $2.3B | 72% | $1.6B | |
| Deposits | $2.5B | 69% | $1.8B | |
| Return on assets | 1.18% | 50% | 1.17% | |
| Net interest margin | 3.93% | 69% | 3.71% | |
| Efficiency ratio | 63.3% | 67% | 58.6% | |
| Equity to assets | 9.35% | 22% | 10.49% | |
| Loans to deposits | 89% | 50% | 90% |
Growth
Total assets grew 7.5% a year over the last 5 years and 14.3% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2026 | Presence Bank Coatesville, PA | $456M |
| Jul 2020 | USNY Bank Geneva, NY | $464M |
| Jul 2016 | The National Bank of Delaware County Walton, NY | $375M |
| Jun 2011 | North Penn Bank Scranton, PA | $165M |
Where they operate
33 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Wayne County, PA | $465M | 22.9% | 3 of 7 |
| Delaware County, NY | $397M | 32.2% | 1 of 4 |
| Otsego County, NY | $306M | 21.9% | 3 of 4 |
| Ontario County, NY | $221M | 5.8% | 5 of 11 |
| Chester County, PA | $220M | 1.3% | 18 of 29 |
| Sullivan County, NY | $204M | 13.8% | 3 of 8 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 18 branches since 2016 (15 to 33, +120.0%). 3 opened, 20 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 15 | |||
| 2016 | Acquired The National Bank of Delaware County | 12 | 0 | +12 | 27 |
| 2017 | Closed Scranton | 0 | 1 | −1 | 26 |
| 2019 | Opened Exeter and Hanover TownshipClosed Lords Valley | 2 | 1 | +1 | 27 |
| 2020 | Acquired USNY Bank | 4 | 0 | +4 | 31 |
| 2021 | Closed Narrowsburg | 0 | 1 | −1 | 30 |
| 2022 | Closed Hamden | 0 | 1 | −1 | 29 |
| 2025 | Opened Forty FortClosed Hanover Township | 1 | 1 | 0 | 29 |
| 2026 through Q2 | Acquired Presence Bank | 4 | 0 | +4 | 33 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 35% | 32% | |
| 1-4 family residential | 24% | 35% | |
| Consumer | 15% | 2% | |
| Business (C&I) | 10% | 10% | |
| Construction and land | 6% | 6% | |
| Multifamily | 4% | 8% | |
| Farmland | 3% | 3% | |
| Agricultural | 1% | 0% | |
| Other | 2% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 42% | 26% | |
| Other interest-bearing | 38% | 54% | |
| Noninterest-bearing | 20% | 19% |
Brokered deposits are 1.8% of deposits (peers 2.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.21% | 0.56% |
| Net charge-offs, annualized | 0.17% | 0.04% |
| Reserves to loans | 1.13% | 0.98% |
| Leverage ratio | 8.82% | 9.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Pennsylvania
Largest competitors in Wayne County, PA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/wayne-bank-honesdale-pa